I submitted my homework before takeoff, and I saw many friends asking why the price dropped over the weekend. Actually, there were some things that happened this weekend, mainly tariffs and the aftermath of the Russia Ukraine war, which have not been clearly implemented yet. There is also an interesting news that North Korea provided Russia with 50% of its military needs in the Russia Ukraine war. At least we know the ultimate destination of the stolen cryptocurrency. So, who bought these military supplies from? Who helped North Korea convert cryptocurrency into fiat currency? In fact, the current price volatility itself is not surprising, and investors' emotions are still not friendly enough. The United States has not yet seen any positive news that can truly impress investors, and of course, even greater negative news has not emerged. This is also why the price of Bitcoin has always remained volatile. On a macro level, the core PCE data for January in the United States will be released on Friday next week, which will be more important than CPI and unemployment data. After all, this is the data that the Federal Reserve is most concerned about. Although the CPI data was not good last time, the PPI data was still acceptable. Therefore, the market expects the core PCE data to be 0.6%, while the previous value was 0.8%. Although I still do not think this month's data is important, after all, it is already expected that there will be no interest rate cut in March. But if the core PCE can decline, the market's expectations will still be better. That's all for the key macro data next week. There's nothing else. The possibility of a ceasefire in the Russia Ukraine war expected by many European and American partners next week is still quite low, but now we can see a trend of coming to an end. If it really ends in March, it will definitely be a good news for the market. I've written before about the impact of the Russia Ukraine war on US inflation, and the ceasefire is indeed conducive to the rise of inflation, which can basically offset the problem of tariffs. I have always felt that the market is still missing a breath, and I don't know if the March dot matrix can make up for this. Returning to BTC's own data, the turnover rate on Sunday was simply a low mess, which had reached the low point of junk time, indicating that most investors have ignored the current market. Personally, I think the market is waiting for the recovery of liquidity or absolute good. The former should be the monetary policy of the Federal Reserve, and the latter should be looking forward to the landing of Trump's BTC strategic reserves. From the current support situation, it is completely impossible for such a low turnover rate to impact the support level. In fact, the support range of $93000 to $98000 is still very strong, and at least I have not seen the possibility of a significant decline so far. Of course, it is not easy to achieve a rapid rise, but I am still looking forward to Q1. After the end of next week, we will enter March and hope to see some new improvement. Tomorrow when I go home, I'm so tired that I've lost half of my life, especially since I've been flying in the sky for 15 out of 36 hours. It's really tough to go to Tokyo at 17 mph. I'll take another day off tomorrow and resume normal recovery from Tuesday. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex